Market Summary

Eight Mile, Mobile County, AL

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Median Home Price Price

$163,794 $163.8K

Median Monthly Rent Rent

$1,502 $1.5K

GRM

9.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mobile County

Region Price Rent GRM Display
$194,402 $1,157 14.0x
$234,985 $1,300 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AL outside of Mobile County

Region Price Rent GRM Display
$305,163 $1,462 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of AL

Region Price Rent GRM Display
$421,427 $3,038 12.0x
$218,805 $952 19.0x
$267,635 $2,084 11.0x
$171,590 $901 16.0x
$259,392 $1,494 14.0x
$185,190 $1,684 9.0x
$276,744 $1,522 15.0x
$218,774 $1,716 11.0x
$152,619 $1,057 12.0x
$368,590 $1,453 21.0x
$198,325 $1,674 10.0x
$238,501 $1,241 16.0x
$287,311 $2,191 11.0x
$264,257 $1,488 15.0x
$273,600 $1,721 13.0x
$235,740 $1,347 15.0x
$207,341 $1,816 9.0x
$207,948 $1,272 14.0x
$145,936 $917 13.0x
$419,840 $1,486 24.0x
$324,205 $2,983 9.0x
$193,437 $937 17.0x
$440,341 $1,489 25.0x
$276,616 $4,422 5.0x
$126,028 $1,214 9.0x
$351,665 $1,921 15.0x
$421,674 $1,567 22.0x
$827,617 $1,502 46.0x
$149,821 $1,016 12.0x
$196,916 $1,323 12.0x
$468,292 $1,553 25.0x
$278,493 $1,503 15.0x
$276,293 $1,890 12.0x

Home prices

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Monthly rent

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GRM

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Eight Mile

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Trend Insights

Median Rent in Eight Mile, AL is $1,502, with MoM change +$4 and YoY change +$25 pointing to positive momentum while volatility is low (std $7).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Eight Mile, AL.

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Metric
Base market Eight Mile, AL
Compare market Select a market
Delta vs base
Median rent
$1,502
N/A
Median price
$163,794
N/A
YoY change
+$25
N/A
Price-to-rent
9.1x
Data unavailable
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